Fedwire & Foreign Exchange
Global Funds Exchange (GFX)
GFX Foreign Exchange (GFX2)
Global Securities System (GSS)
Overview | Benefits | Frequently Asked Questions
GSS Benefits
Universal trade support: GSS can process all standard securities trades, including accepting original issues, initiating buys and sells in the secondary market, and accepting principal, interest or maturity payments.
Automatic matching: GSS automatically matches incoming securities to corresponding buy and sell orders.
Auto-return: The system can instantly send back incorrectly formatted transactions with a DK (Don't Know) message.
Future trade processing: GSS warehouses sell orders for current-day and future processing.
Block trades: A single security may be purchased for delivery to multiple accounts.
Automatic turnaround: GSS is capable of holding the sell order until the corresponding buy order is complete.
In-house feeds: Trades can be created from a feed from your in-house trading system.
Integrated accounting: GSS automatically generates accounting entries, and interfaces with a wide variety of host accounting systems.
Future compatibility: As the Federal Reserve phases out Ethernet and SNA connections, BankServ will be supporting the upcoming transition to IBM's MQ system.
Contact sales to learn more.
